Tesla's stock took a significant 29% dive in the first quarter of 2024, marking one of its toughest periods since 2022 amidst rising competition from Chinese rivals and disruptions in European markets.

Ford is considering making a new SUV in Valencia, Spain, aligning with European market trends. Spanish PM welcomes the move, potential job boosts amid trimming Ford workforce, slowing EV sales in Michigan.

Subaru has initiated a large-scale recall due to an air bag issue, impacting a significant number of vehicles.

China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).

Elon Musk announced free Tesla FSD for all American EV owners. Here's what to know about this promotion.

The New York Stock Exchange said it would immediately stop trading shares of EV startup Fisker and remove the business from its platform.

Nissan set three-year objectives of 1 million more car sales and a 30% drop in EV production costs by 2030.

Senator Elizabeth Warren has renewed her call for the Securities and Exchange Commission (SEC) to investigate Tesla, its CEO Elon Musk, and its board of directors.

Pi-Lit®, through its innovative solutions, has taken proactive measures to address critical safety gaps in the transportation sector. The company's flagship Sequential Lighting System, initially aimed at guiding drivers away from temporary traffic incidents in work zones, has proven instrumental in enhancing driver safety.

Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations